Property profile

489 Reservoir Ave Cranston, RI 02910

OFF-MARKET
Showrooms
Property ID
US76-0208045
4,356 SF 0.17 ac lot Built 1947
Entity Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1947
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,356 SF
Lot 0.17 ac (7,596 SF)
Zoning code C4
APN CRAN M:6-4 L:943 U:
UPID US76-0208045

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Appliance Store Hardware & Home Improvement

Location

489 Reservoir Ave Cranston, RI 02910-1756
Cranston metro Census 14000 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$790k
Comparable Approach Comparable
$728k
Blend (final) Blend
$295k

Owner & transaction history

since 2012
2 recorded transactions
2013
Price N/A
2012
$370,300

Zoning & alternative use

C4 · Cranston, RI
Zoning description

The intent of this district is to provide Highway Business including Commercial day care, Antiques, second hand shop, consignment shop

General category COMMERCIAL
Top alternative use upside
Office building $835,000 +6.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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